FX option expiries for 12 June 10am New York cut ...Middle East

The first ones are for EUR/USD at the 1.1500 and 1.1525 levels. The pair is now teasing the April highs, looking for firm clearance above the 1.1500 mark in general. The expiries might help to keep a lid on things in the session ahead but headline risks remain paramount, with Trump continuing to flip flop on tariffs policy. Dollar sentiment remains weak as such as the policy incoherence and trade uncertainty continues. So, an extension of that will also have potential to override the impact of the expiries.

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This article was written by Justin Low at www.forexlive.com.

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